But what can you expect to buy with that budget? Surprisingly there is a great variety of homes from terraces and flats to generously sized semi detached houses.
Here are 10 examples of homes in the resort which fit a first time buyers budget.
1. Just reduced in price
This two bedroom terrace in Newcastle Avenue, Blackpool is priced at £100,000 Photo: JPI
2. Two bed bargain
£69,000 for two bedroom terrace in Montrose Avenue, Blackpool Photo: On the Market
3. £50K flat
Bargain £50,000 price for two bedroom flat in Squires Gate Photo: On the Market
4. End terrace
End terrace three bedroom home up for auction with a guide price of £60,000 Photo: On the Market
5. Apartment for sale
£82,500 price tag on two bedroom apartment on Ashburton Road, Blackpool Photo: On the Market
6. Semi detached for sale
Three bedroom semi-detached on Wasdale Road, Blackpool Photo: On the Market